Two recent periods of large-scale bureaucratic expansion were
the 1930s and the 1960s
the 1920s and the 1980s
the 1910s and the 1990s
the 1930s and the 1950s

Gif the public and community loses trust in banks it affects the entire u.s. financial system. in order to keep this type of financial contagion from happening, the fed makes as needed short-term emergency loans, by acting as the lender of last resort. guides and regulates private deposit insurance programs to cover insolvent bank losses. decreases the money supply as acting lender of last resort.